reasonable in the normal course of business due to all transactions are taking to supporting the business operation and also the terms and conditions are satisfied. 8. The Board of Directors had approved the

of up to Baht 149.018 and total purchase price of up to Baht 10,000,000 The acquisition of shares at the price which is higher than the par value is due to the fact that the Company has considered the

which is higher than the par value is due to the fact that the Company has considered the value of Hero Experience which evaluated by the independent valuer, the Sims Property Consultant Co., Ltd., the

administrative expenses were 2,042 million baht, increasing by 8% y-y, 4% q-q and represent 45% of total revenues. The expenses increase came from advertising expenses due to the continuation of Big C campaign to

บริษทั ไฮโดรเท็ค จ ำกดั (มหำชน) Method Formula Calcution Value 1.) Net Tangible Assets NTA of HSMC x Holding Percentage NTA of Company Cannot be calculated due to the HSMC will be set up on 15 July 2015 2

from the Board of Directors and/or the Company no matter what the case due to the Company cannot issue and offer its new ordinary shares to VAVA unless deposits are demanded without interest. 8

expected to be obtained by the listed company The Company expects that the acquisition of UWT will increase the Company’s revenues in the future due to the business synergy including the growth stategy as

conditions VAVA agrees not to demand any damages or expenses from the Board of Directors and/or the Company no matter what the case due to the Company cannot issue and offer its new ordinary shares to VAVA

shares from Hero Experience and the acquisition of shares from Travel Channel Agency, which is existing shareholder, at the different price which is higher than the par value is due to the fact that the

connected transactions relating to assets or services and regarding rental or lease of immovable property not exceeding 3 years. Due to the reasonable price and good conditions of the said connected